UBS plans to price capped buffer gears due 2021 linked to Russell

By Sarah Lizee

Olympia, Wash., Oct. 24 – UBS AG, London Branch plans to price 0% capped buffer gears due Oct. 29, 2021 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 2 times any index gain, up to a maximum return of 17.35% to 19.35%.

Investors will receive par if the index falls by up to 10% and will be exposed to any losses beyond 10%.

UBS Financial Services Inc. and UBS Investment Bank are the agents.

The notes will price on Oct. 28.

The Cusip number is 90281E506.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.